The American Association for Retired Persons (AARP) estimates that 10,000 baby boomers turn 65 every single day. The deluge of aging Americans and the increase in longevity in the already 65 plus population are the main reasons why the Social Security and Medicare programs are expected to have financial insolvency
The term long-term care (LTC) encompasses a multitude of aspects. Long-term care is comprised of a variety of services that meet medical and non-medical requirements for people who cannot care for themselves for long periods. It is a highly individualized care system that can be formally or informally provided. Formal
You cannot escape aging, and every family system is affected by it. Even if you are in the fortunate circumstance where your aging parents can go it alone for a long time there will come a day when assistance or long-term care will be needed. There are things to consider
In America, aging well and securely is at best a costly undertaking. The financial toll for millions of the elderly and those families who do their best to care for and support them. Long-term care facilities and retirement communities cost staggering amounts of money, as do the high costs of
Long-term care is something most of us will have to consider at some point in our lives, so planning is essential. While we cannot predict the timing or level of care, we can take steps to prepare for an unexpected medical and financial crisis to help reduce the stress on
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